Dalmia Bharat Ltd: TDS Communication for Interim Dividend
Dalmia Bharat Limited has communicated to its shareholders regarding the Tax Deducted at Source (TDS) provisions applicable to the interim dividend declared on October 26, 2026. The communication, sent via email on October 27, 2026, outlines the TDS rates and procedures under the Income Tax Act, 2025, for both resident and non-resident shareholders. For resident shareholders, TDS is 10% if PAN is valid, and 20% if PAN is invalid or not provided. Resident individuals may be exempt if the dividend does not exceed ₹10,000 or if Form 121 is submitted correctly. Specific documentation is required for resident non-individuals like insurance companies, mutual funds, and AIFs to claim exemptions. The company emphasizes the mandatory PAN registration and its linkage with Aadhaar for correct TDS application.
Key Highlights
- Communication issued on TDS for interim dividend as per Income Tax Act, 2025.
- TDS rates: 10% for resident shareholders with valid PAN, 20% otherwise.
- Exemptions and specific forms (e.g., Form 121) detailed for resident individuals.
- Documentation requirements outlined for various resident non-individual categories.
- Mandatory PAN registration and Aadhaar linkage stressed for correct TDS.
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